China will need 8,090 new airplanes over next 20 years: Boeing

Reuters

Published Sep 16, 2019 11:11PM ET

China will need 8,090 new airplanes over next 20 years: Boeing

BEIJING (Reuters) - Chinese airlines will need 8,090 new airplanes worth nearly $1.3 trillion over the next 20 years, Boeing Co (N:BA) said on Tuesday.

Boeing's latest estimate for the period to 2038 is 5.2 percent higher than the U.S. planemaker's previous prediction of 7,690 planes last year.

China will also need approximately $1.6 trillion worth of commercial services for its aircraft fleet, Boeing said.